Cambodia

Affected by the spillover effect of the “Belt and Road” initiative, more and more Chinese and overseas Chinese are starting from Southeast Asian countries and taking their first step towards buying properties overseas. In 2017, the real estate consulting of Chinese investors increased by at least 26% year-on-year. What is particularly striking is that the number of consultations in Cambodia has increased by 300% year-on-year, and its attention far exceeds that of other countries in Southeast Asia. According to data from Juwai.com, the proportion of Chinese people who buy houses in Cambodia for investment needs is as high as 92%. Cambodia has become an Internet celebrity investment country.

　　 The real estate market in Cambodia is in the ascendant, with high return on investment. The apartment market in Phnom Penh is far in short supply. In the past five years, housing prices in Phnom Penh have risen from US$1,000/m2 to US$3,500/m2, with an average annual increase of more than 15%, and rental returns as high as 8-12%.

    In addition, according to a research report on the Cambodian Urban Development Strategy, there were 4.5 million people living in Phnom Penh and major cities in various provinces in 2014, accounting for about 27.1% of the country’s population. In 2030, Cambodia’s urban population will increase to 7.92 million, accounting for about the country’s total population. 44% of the population. The data shows that in the 15 years from 2015 to 2030, Cambodian cities will need at least 800,000 houses, that is, the annual demand for houses exceeds 50,000, and the gap is huge.

　　 Based on the above data, there is no doubt that for real estate investment, the developing market has more room for development than the already developed market. Due to the "One Belt, One Road" initiative, various large-scale railway infrastructure projects have been carried out one after another, indicating that countries along the route will have closer ties and huge development space in the future. Cambodia has been an important channel for trade and exchanges between the East and the West on the "Maritime Silk Road" since ancient times. The economic and trade exchanges between Chinese companies and Cambodia are increasing, and private institutions are becoming more active.

Hongdou Group, Bank of China Cashmere, Rebecca (2.73 +0.00%, diagnosis stock), Shenzhou International and other listed companies have been stationed in Cambodia's Westport Special Zone ten years ago. Alipay, ICBC, Sany Heavy Industry (8.43 +1.81%, diagnosis) Stocks) and other Chinese companies have also flocked to Cambodia. This shows that Chinese business giants are optimistic about Cambodia's development and investment opportunities.

　　 It is understood that as of October 2017, China’s accumulated investment in Cambodia’s agreement reached US$12.57 billion, accounting for 36.4% of Cambodia’s total foreign investment. It is Cambodia’s largest source of foreign investment. At the same time, in the first half of 2018, Cambodia received nearly 1 million Chinese tourists, an increase of 80% over 2017. China has become one of Cambodia’s main source countries. It is expected that the number of Chinese tourists to Cambodia in 2018 will increase to about 2 million passengers. At present, Cambodia has become the “sweet and pastry” in the eyes of Chinese investors.

    In this wave of economic development, Prince Real Estate Group stands on the new frontier of Cambodia’s development, gaining insight into the development opportunities of the times. Following the Prince’s CBD in Phnom Penh, it is located in the core area of the international airport where the three districts of Sensu, Tuigu and Meanchey in Phnom Penh intersect. , To create a one-stop urban life center of 200,000 square meters—Prince International Plaza. The project includes 5A high-end office buildings, star-rated mansions, flagship commercial streets and other business formats, integrating business, shopping, catering, entertainment, and leisure. Phnom Penh brings a one-stop brand new life experience.

    As the first metropolitan complex project in Phnom Penh, Prince International Plaza is located in the core area of the international airport at the intersection of the three districts of Sensu, Duigu and Meanchey in Phnom Penh, adjacent to the Russian Boulevard, the city artery of Phnom Penh. The 3km living circle covers international transportation, consumer shopping, education, medical care, business office, government affairs and other all-round configurations. The top city resources such as Cambodian Prime Minister's Office, Royal Phnom Penh Hospital, Royal University of Phnom Penh, Parkson Shopping Mall, TK Pedestrian Street, etc. are all located here. The advantages of many aspects converge the centripetal force of the city, and the future is destined to open the legendary era of Phnom Penh.

    At present, the 50-157 square meters star mansion in Prince International Plaza has opened a sales center, which can be visited and inspected, and VIP registration is accepted. If you invest in original shares overseas, you will earn it! Grasp the opportunity to achieve wealth, welcome to visit the site for tasting!